Overview
What is Mypath?
Mypath is a nonprofit organization situated in San Francisco, California. Their primary focus is on empowering young individuals from low-income backgrounds through financial education and mentorship. By offering financial literacy training, connecting them to youth-friendly financial products, and providing personal guidance, Mypath encourages saving, credit building, and long-term financial stability. Their ultimate goal is to enhance these youths' access to better opportunities, such as higher education, jobs, housing, and affordable loans, thereby fostering upward mobility and realizing their potential. With a dedicated team of 20 employees, Mypath works tirelessly to address the barriers hindering youth financial inclusion and advocate for resources needed to uphold their Youth Economic Bill of Rights.
Official website here: www.mypathus.org
Is Mypath legitimate?
Mypath is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mypath submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $576,573
Professional Fundraising Fees: $23,170
Other Salaries and Wages: $1,127,474
For more financial information, click here
Official website here: www.mypathus.org
What is the mission statement of Mypath?
MyPath's mission is to empower low-income youth by teaching them financial management skills and encouraging savings and credit-building. This initiative aims to improve their access to higher education, employment opportunities, affordable housing, and loans. By providing financial education, connecting them to youth-friendly financial products, and offering personal financial mentoring, MyPath helps young individuals establish a path to long-term financial stability. Additionally, MyPath youth leaders and staff work to identify and address barriers to youth financial inclusion and advocate for resources necessary to advance their Youth Economic Bill of Rights.
Official website here: www.mypathus.org
Who is the CEO of Mypath?
Margaret Libby is the Founder & Ceo of Mypath. The CEO's salary of Mypath is $165,171 and their total compensation is $177,721.
Official website here: www.mypathus.org
What is the revenue of Mypath?
Who are the executives of Mypath and what are their salaries?
The average compensation at Mypath during 2022 was $85,202. There are 20 employees and 25 volunteers at Mypath.
Here are 8 key members and their salaries (Mypath's CEO's salary is $165,171 and their total compensation is $177,721):
- Margaret Libby (Founder & Ceo)
- Claudia Stillwell (Cfo)
- Noelle Hylton (Cto)
- Mounir Tyler (Coo)
- Leslie Chard (President) [Trustee/Director]
- Rohit Gera (Treasurer) [Trustee/Director]
- Michelle Jun (Secretary) [Trustee/Director]
- Jeanette Tevis (Board Member) [Trustee/Director]
Official website here: www.mypathus.org
Where can I find the form 990 for Mypath?
The Mypath’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mypathus.org
Learn more at the official website: www.mypathus.org
Mission Statement of Mypath
MyPath, as a nonprofit organization, aims to empower low-income young individuals by engaging them in banking, saving, and credit-building activities. The mission of MyPath is to equip these young people with the necessary financial skills and resources, enabling them to improve their access to higher education, employment opportunities, affordable housing, and loans. By fostering financial literacy and teaching goal-setting, MyPath encourages its participants to take control of their finances, ultimately striving for economic mobility and realizing their full potential.
MyPath achieves this goal by designing, testing, and scaling youth financial capability interventions. These interventions include financial education, access to youth-friendly financial products, and personal financial mentoring. Through these methods, MyPath youth learn crucial skills such as saving, credit-building, and maintaining long-term financial stability. Moreover, MyPath's innovative models serve as a foundation for upward economic mobility and wealth-building.
In addition, MyPath's youth leaders and staff work tirelessly to identify and address the barriers to youth financial inclusion. By advocating for resources and advancing MyPath's Youth Economic Bill of Rights, they strive to create a more inclusive financial landscape that supports the aspirations and potential of low-income young individuals. Overall, MyPath's mission is to position low-income youth as active participants in their financial futures, enabling them to achieve economic mobility and a brighter, more secure future.
Impact
This information is meant to be a general summary of Mypath. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Mypath's impact lies in empowering low-income young people to take control of their finances and achieve economic mobility. Through engaging youth in banking, saving, and credit-building initiatives, Mypath opens up opportunities for them to access college, jobs, housing, and affordable loans. By providing financial education, connecting youth to youth-friendly financial products, and offering personal financial mentoring, Mypath helps young individuals learn to save, build credit, and establish a path to long-term financial stability. Ultimately, Mypath's innovative programs pave the way for upward economic mobility and wealth-building, setting the foundation for a new generation of savers and credit-builders among low-income youth.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1989
Phone
(415) 206-0846
Principal Officer
Margaret Libby
Main Address
2430 Mission St, San Francisco, CA, 94110
Website
www.mypathus.org
NTEE Category
Code: X20 - Religion related
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